synthetic bonds

Joined
6/26/08
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Is it possible to engineer a synthetic bond that is more tax exempt then a municiple bond?
 
37 views and no replies? Isn't financial engineering about hedging and creating exotic instruments that benifit corporations in terms of taxes?
 
Clearly you have an opinion on how this might be done. Why don't you put something out there on how one would make it more tax-advantaged than munis.
 
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